Red Sky Energy Ltd (ROG) - Net Assets
Based on the latest financial reports, Red Sky Energy Ltd (ROG) has net assets worth AU$7.03 Million AUD (≈ $4.97 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.62 Million ≈ $6.10 Million USD) and total liabilities (AU$1.59 Million ≈ $1.12 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Red Sky Energy Ltd (ROG) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$7.03 Million |
| % of Total Assets | 81.6% |
| Annual Growth Rate | 21.5% |
| 5-Year Change | N/A |
| 10-Year Change | 56.83% |
| Growth Volatility | 22011.15 |
Red Sky Energy Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Red Sky Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Red Sky Energy Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Red Sky Energy Ltd (2005–2024)
The table below shows the annual net assets of Red Sky Energy Ltd from 2005 to 2024. For live valuation and market cap data, see market value of Red Sky Energy Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$7.28 Million ≈ $5.15 Million |
+13.39% |
| 2023-12-31 | AU$6.42 Million ≈ $4.54 Million |
-9.49% |
| 2022-12-31 | AU$7.09 Million ≈ $5.02 Million |
-13.13% |
| 2021-12-31 | AU$8.16 Million ≈ $5.78 Million |
+153483.90% |
| 2020-12-31 | AU$-5.32K ≈ $-3.77K |
-100.76% |
| 2019-12-31 | AU$702.35K ≈ $496.96K |
+93708.28% |
| 2018-12-31 | AU$748.71 ≈ $529.76 |
-16.40% |
| 2017-12-31 | AU$895.55 ≈ $633.66 |
-99.65% |
| 2016-12-31 | AU$255.55K ≈ $180.82K |
-94.49% |
| 2015-12-31 | AU$4.64 Million ≈ $3.28 Million |
+373.16% |
| 2014-12-31 | AU$980.88K ≈ $694.03K |
-60.34% |
| 2013-12-31 | AU$2.47 Million ≈ $1.75 Million |
-51.38% |
| 2012-12-31 | AU$5.09 Million ≈ $3.60 Million |
-4.05% |
| 2011-12-31 | AU$5.30 Million ≈ $3.75 Million |
-38.94% |
| 2010-12-31 | AU$8.68 Million ≈ $6.14 Million |
-39.14% |
| 2009-12-31 | AU$14.27 Million ≈ $10.09 Million |
+20570.10% |
| 2008-12-31 | AU$-69.69K ≈ $-49.31K |
-102.29% |
| 2007-12-31 | AU$3.04 Million ≈ $2.15 Million |
-72.47% |
| 2006-12-31 | AU$11.05 Million ≈ $7.82 Million |
+6037.97% |
| 2005-12-31 | AU$180.00K ≈ $127.36K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Red Sky Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4578349900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$50.63 Million | 695.56% |
| Other Comprehensive Income | AU$2.43 Million | 33.44% |
| Total Equity | AU$7.28 Million | 100.00% |
Red Sky Energy Ltd Competitors by Market Cap
The table below lists competitors of Red Sky Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Conquest Resources Ltd
V:CQR
|
$7.68 Million |
|
NINE MILE METALS LTD
F:KQ9
|
$7.68 Million |
|
Techno Medical Public Company Limited
BK:TM
|
$7.68 Million |
|
JATCORP LTD.
F:3J2
|
$7.68 Million |
|
Ssif Broker Cl
RO:BRK
|
$7.67 Million |
|
BPH Energy Ltd
AU:BPH
|
$7.66 Million |
|
TME Pharma N.V.
PA:ALTME
|
$7.66 Million |
|
Iron Road Ltd
AU:IRD
|
$7.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Sky Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,419,345 to 7,278,784, a change of 859,439 (13.4%).
- Net income of 272,410 contributed positively to equity growth.
- Other comprehensive income increased equity by 287,029.
- Other factors increased equity by 300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$272.41K | +3.74% |
| Other Comprehensive Income | AU$287.03K | +3.94% |
| Other Changes | AU$300.00K | +4.12% |
| Total Change | AU$- | 13.39% |
Book Value vs Market Value Analysis
This analysis compares Red Sky Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | AU$5.41 | AU$0.00 | x |
| 2007-12-31 | AU$1.71 | AU$0.00 | x |
| 2008-12-31 | AU$-0.03 | AU$0.00 | x |
| 2009-12-31 | AU$1.51 | AU$0.00 | x |
| 2010-12-31 | AU$0.36 | AU$0.00 | x |
| 2011-12-31 | AU$0.17 | AU$0.00 | x |
| 2012-12-31 | AU$0.14 | AU$0.00 | x |
| 2013-12-31 | AU$0.07 | AU$0.00 | x |
| 2014-12-31 | AU$0.03 | AU$0.00 | x |
| 2015-12-31 | AU$0.03 | AU$0.00 | x |
| 2016-12-31 | AU$0.00 | AU$0.00 | x |
| 2017-12-31 | AU$0.00 | AU$0.00 | x |
| 2018-12-31 | AU$0.00 | AU$0.00 | x |
| 2019-12-31 | AU$0.00 | AU$0.00 | x |
| 2020-12-31 | AU$0.00 | AU$0.00 | x |
| 2021-12-31 | AU$0.00 | AU$0.00 | x |
| 2022-12-31 | AU$0.00 | AU$0.00 | x |
| 2023-12-31 | AU$0.00 | AU$0.00 | x |
| 2024-12-31 | AU$0.00 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Sky Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.40%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.18x
- Recent ROE (3.74%) is above the historical average (-14081.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -5.60% | -1182.94% | 0.00x | 1.17x | AU$-1.72 Million |
| 2007 | -210.59% | -13434.71% | 0.01x | 1.41x | AU$-6.71 Million |
| 2008 | 0.00% | -90628.26% | 0.00x | 0.00x | AU$-3.12 Million |
| 2009 | -13.91% | -4408.89% | 0.00x | 1.21x | AU$-3.41 Million |
| 2010 | -85.29% | -3816.84% | 0.02x | 1.07x | AU$-8.27 Million |
| 2011 | -117.47% | -12210.07% | 0.01x | 1.03x | AU$-6.76 Million |
| 2012 | -34.57% | -8372.50% | 0.00x | 1.07x | AU$-2.27 Million |
| 2013 | -108.85% | -38457.04% | 0.00x | 1.15x | AU$-2.94 Million |
| 2014 | -184.33% | -15873573.31% | 0.00x | 1.08x | AU$-1.91 Million |
| 2015 | -79.58% | -18875.33% | 0.00x | 1.93x | AU$-2.25 Million |
| 2016 | -1102.73% | -13580722.89% | 0.00x | 4.79x | AU$-2.84 Million |
| 2017 | -110866.39% | -46137.31% | 1.70x | 1.41x | AU$-992.96K |
| 2018 | -154437.23% | -47859.56% | 1.97x | 1.64x | AU$-1.16 Million |
| 2019 | -245.46% | -1567272727.27% | 0.00x | 1.91x | AU$-1.79 Million |
| 2020 | 0.00% | -523235.29% | 0.00x | 0.00x | AU$-1.78 Million |
| 2021 | -18.52% | -27903.17% | 0.00x | 1.07x | AU$-2.33 Million |
| 2022 | -23.62% | -3672.44% | 0.01x | 1.15x | AU$-2.38 Million |
| 2023 | -24.30% | -435.87% | 0.05x | 1.24x | AU$-2.20 Million |
| 2024 | 3.74% | 9.40% | 0.34x | 1.18x | AU$-455.47K |
Industry Comparison
This section compares Red Sky Energy Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $32,358,340
- Average return on equity (ROE) among peers: -59.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Sky Energy Ltd (ROG) | AU$7.03 Million | -5.60% | 0.23x | $7.67 Million |
| 88 Energy Ltd (88E) | $16.65 Million | -41.39% | 0.05x | $18.83 Million |
| ADX Energy Ltd (ADX) | $8.69 Million | -49.24% | 2.54x | $19.62 Million |
| Australis Oil & Gas Ltd (ATS) | $97.38 Million | 2.91% | 0.37x | $20.63 Million |
| Bass Oil Ltd (BAS) | $1.04 Million | -288.37% | 0.09x | $13.11 Million |
| Blue Energy Ltd (BLU) | $10.73 Million | 11.18% | 0.26x | $12.79 Million |
| Blue Star Helium Ltd (BNL) | $13.63 Million | -4.72% | 0.03x | $21.78 Million |
| Beach Energy Ltd (BPT) | $19.18 Million | -11.01% | 0.43x | $1.87 Billion |
| Brookside Energy Ltd (BRK) | $92.01 Million | 2.97% | 0.24x | $38.18 Million |
| Buru Energy Ltd (BRU) | $38.60 Million | -74.66% | 0.35x | $9.93 Million |
| Beetaloo Energy Australia Limited (BTL) | $25.66 Million | -144.49% | 2.98x | $260.37 Million |
About Red Sky Energy Ltd
Red Sky Energy Limited, an oil and gas exploration and development company, acquires, drills, and develops oil and gas resources in the United States, the British Virgin Islands, and Australia. It holds 100% interest in its flagship project, the Killanoola Oil project covering an area of approximately 17.5 square kilometers located in the onshore Otway Basin, South Australia. Red Sky Energy Limit… Read more